I have one commercial rental and one apartment. It took a while but they are finally generating a profit. Wifey says time to sell because of the extra work, but she doesn’t do any of the work.
Be a reaper drone pilot, and do unspeakable things to russian armor, and, and personnel, yes, I would do it for free.What would you do for free or what is your dream job? In other words, what are you retiring to? This discussion is for those considering retirement and folks who have already retired.
I would not own rental properties, i just do not want to deal with renters.I can read just as many horror stories about rental properties like yours... Its not for everyone.....
My renters called to tell me the air conditioning unit is out and the roof may be leaking.Get some rental property and have someone else pay it for you!
Our two residential rentals pay 100% for themselves plus every single home related bill including the mortgage for the property we actually live in.
...and the commercial property pays for it's self and gives us some spending money every month.
Plus I get a 5 car capacity shop there, for free!
Just remove the plywood off the hole on the side of the double wide you covered last winter.My renters called to tell me the air conditioning unit is out and the roof may be leaking.
So now I have to get up off the couch and beat the renters until their morale improves.
Work is never done.